1405 Taft Street, Morristown, TN 37814

Local realty services provided by:CENTURY 21 Legacy
1405 Taft Street,Morristown, TN 37814
$1,249,900
  • - Beds
  • - Baths
  • 6,459 sq. ft.
  • Multi-family
  • Active
Listed by: ronald bledsoe
Office: re/max real estate ten midtown
MLS#:711309
Source:TN_LAMLS

Price summary

  • Price:$1,249,900
  • Price per sq. ft.:$193.51

About this home

Turnkey investment opportunity in Morristown featuring a 4-property portfolio with 6 total doors, including two duplexes. Addresses include 1405 Taft St, 2748 Northview Dr, 523 W Charles St, and 1037 McFarland St. All units are currently occupied with established tenants in place, providing immediate, stable cash flow from day one. Each property has been well maintained, and the portfolio performs at a strong 9% cap rate based on current rents and list price, making this an attractive addition to any investor's portfolio. Detailed descriptions, photos, and financial insight are available for each individual property, all of which are also listed separately--offering flexibility to purchase as a package or individually. Opportunities like this with solid returns, multiple doors, and consistent occupancy in a growing market are hard to come by.

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Home facts

  • Year built:1981
  • Listing ID #:711309
  • Added:1 day(s) ago
  • Updated:April 29, 2026 at 02:21 PM

Rooms and interior

  • Living area:6,459 sq. ft.

Structure and exterior

  • Year built:1981
  • Building area:6,459 sq. ft.
  • Lot area:0.23 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,249,900
  • Price per sq. ft.:$193.51
  • Tax amount:$6,354 (2025)